China's 2016 forestry sector output hits US$930 bln

0 Comment(s)Print E-mail Xinhua, January 5, 2017
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China's forestry sector saw its output rise to 6.4 trillion yuan (about 930 billion U.S. dollars) last year, up from 5.9 trillion yuan in 2015, according to a national conference on forestry Thursday.

China has become the world's biggest producer, trader and consumer of forest-related products, with foreign trade in the forestry sector standing at 136 billion U.S. dollars in 2016, according to the conference.

Output of the forestry sector grew from 409 billion yuan in 2001 to 6.4 trillion yuan in 2016, more than a 15-fold increase in 16 years.

Forest tourism has become a strong driver of the sector's growth, with some 9,000 forest-based destinations accommodating 1.2 billion trips in 2016, an increase of 15 percent year on year.

China's central government has also invested 335 million yuan in national forest parks and a total of 21 new national forest parks have opened in the past year.

China aims to bring its forestry sector output to 7 trillion yuan by 2017 and 9 trillion yuan by 2020.

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